Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ericsson shares surge as much as 11%, the most since January, after the 5G gear maker reported sales and profits ahead of expectations, driven by its core networks business and projects in Japan and India. 4Q gross margin guidance was seen as strong by analysts, even though the firm said component costs will pressure margins next year.
- Pernod Ricard shares gain as much as 3.6% after analysts broadly welcomed the beverage maker’s first-quarter results, noting improved momentum in the US and China and signs the quarter marked a low-point for the company.
- Entain slides as much as 3.4% after posting softer online net gaming revenue growth due to unfavorable sports results in Italy and a provisional ban on online gambling in Brazil. The company reiterated that it expects annual underlying Ebitda to hit the lower-end of its guidance range for the year.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ericsson shares jumped the most since January after its third-quarter earnings beat analysts’ expectations, driven by solid demand for mobile network equipment in its core markets.
- Pernod Ricard’s sales fell less than expected last quarter as growth in India helped cushion persistent weakness in the US and China.
- Dunelm reported revenue for the first quarter that met the average analyst estimate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- South Korea’s equity benchmark Kospi drops as much as 1.5% to fall below the 6,000 mark, erasing earlier gains as foreign selling accelerated after ASML’s results. SK Hynix, Samsung Life and Shinhan Financial Group are the biggest drags.
- Asia AI infrastructure stocks, including Lenovo Group, slump after Barclays downgrades US hardware peers on valuation and enterprise AI spending concerns.
- TCS and Indian IT stocks rose in early Mumbai trading after Accenture’s growth targets were viewed positively ahead of its investor day event.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- CoreWeave's (CRWV) bonds have plunged to levels that typically indicate distress, in a swift move that has caught the attention of Silicon Valley leaders including Chamath Palihapitiya and Elon Musk. At that price, the bonds yield more than 15% — a figure noted by Palihapitiya that led Musk to respond “yikes” on his social media platform.Shares of the company, which rents out access to leading AI chips, fell as much as 17% on Wednesday. Even though its bonds are trading at distressed levels, CoreWeave’s stock is up more than 60% since its initial public offering in March 2025 and its market value is more than $36.5 billion.

- Ukraine says SpaceX (SPCX) unilaterally restricted the operation of Starshield terminals while in motion on Oct.14 without prior notice to the Defence Forces, a person familiar with the matter says on condition of anonymity. This situation complicates UAV missions, particularly those involving interceptors and mid-range strike drones, and hampers capabilities regarding frontline logistics, reconnaissance, and signal relay, person familiar with the matter tells Bloomberg. SpaceX stock fell sharply as analysts wrestled with Starlink numbers, but the decline was due to CoreWeave.

- Lockheed Martin (LMT) shares are up as Vertical Research Partners raised the recommendation on the defense contractor to buy from hold, noting that while there is uncertainty about the outlook for the US defense budget, bipartisan support for missile spending remains.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Tim Stenovec, Carol Massar
- Shares of Bending Spoons (BSP) surged as much as 55% after Berkshire Hathaway Inc. agreed to invest an additional $330 million in the Italian technology conglomerate. The investment brings Berkshire’s stake in Bending Spoons to 4% and gives Bending Spoons more capital to pursue acquisitions. Bending Spoons will issue 10 million ordinary shares to Berkshire at $33 apiece through a private placement, according to a statement Wednesday.

- Bank of America's (BAC) stock and fixed-income traders missed estimates, with bond-trading revenue falling 17% to $2.55 billion and equity trading up 10% to $2.51 billion. The company announced a $1.2 billion non-tax-deductible charge for fines for money laundering and sanctions violations, cutting into net income by 17 cents a share. Bank of America's shares slumped, dropping 5.9% at after earlier falling as much as 8.7%, their biggest intraday decline since April 2025.

- CoreWeave's (CRWV) bonds have plunged to levels that typically indicate distress, with its unsecured debt due in 2032 trading below 80 cents on the dollar. The company's shares fell as much as 17% on Wednesday, despite being up more than 60% since its initial public offering in March 2025. CoreWeave Chief Executive Officer Mike Intrator said the market is acting "irrationally", and that the company is confident in its business model and financial engine
See omnystudio.com/listener for privacy information.